China’s Trip.com faces revenue slowdown, warns of ‘significant fine’ from antitrust probe

Trip.com Group, China’s largest online travel agency, expects second-quarter revenue growth to be the slowest in over three years and warns of a significant fine from an antitrust probe by the country’s top market regulator. First-quarter revenue rose 17% to 16.2 billion yuan, but second-quarter growth is forecast at 3-8%, with a profit decline in the March quarter.